Course unit titles

Islamic Capital Market

Course unit code

EKS606

Type of course unit (compulsory, optional)

Optional

Level of course units (according to

EQF: first cycle Bachelor, second cycle Master)

Master Program of Islamic Economics

Year of study when the course unit is delivered

(if applicable)

Second year

Semester/trimester when the course unit is delivered

3rd semester

Number of ECTS credits allocated

3 credits (4.8 ECTS)

Name of lecturer(s)

  1. Dr. Nisful Laila, SE., M.Com.
  2. Bayu Arie Fianto, SE., M.BA., PhD.
  3. Dr. Muhammad Nafik Hadi Ryandono, SE., M.Sc.
  4. Sulistya Rusgianto, SE., MM., Ph.D.

Learning outcomes of the course unit

After finishing the course, the students will be able to master the knowledge and practice of Islamic Capital Markets, especially those in Indonesia, as evidenced by their ability to explain the mechanism of Islamic Capital Markets at the end of the lesson. In particular, students are able to produce the latest research in the field of Islamic Capital Markets.

Mode of delivery (face-to-face, distance learning)

face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

---

Course content

The Islamic Capital Market course discusses the working mechanism and complexity of the Islamic capital market, including in terms of the fiqh framework and its laws and regulations, one of which is the selection of a series of Islamic capital market instruments so that the benefits received from this learning can be optimal.

Recommended or required

reading and other learning resources/tools

Main references :

1.     Pasar Modal Syariah, Sekolah Pasar Modal Syariah, PT Bursa Efek Indonesia 2011

2.     Huda, Nurul dan Nasution, Mustafa Edwin, 2007, Investasi pada Pasar Modal Syariah, Rineka Cipta

3.     Tandelilin, Eduardus, 2009, Portofolio dan Investasi : Teori dan Aplikasi, Kanisius

4.     Hartono, Jogiyanto, 2003, Teori Portofolio dan Analisis Investasi, BPFE, Yogyakarta

5.     Ryandono, Muhammad Nafik Hadi., 2008, Bursa Efek dan Investasi Syariah, Surabaya, Amanah Pustaka dan Centre For Islamic Economics and Business Resources Development (CIEBERD) Universitas Airlangga, Surabaya.

6.     UU Penawaran Umum dan Permasalahannya, Asril Sitompul SH, Penerbit : PT Citra Aditya Bakti – Bandung

7.     Obligasi Dalam Perspektif Hukum Indonesia, A. Setiadi SH, Penerbit: PT Citra Aditya Bakti – Bandung

8.     Transparansi Independensi dan pengawasan Kejahatan Pasar Modal, Indra Safitri, Published by Go Global Book

Regulations :

1.     Law No. 8 of 1995 about Capital Market

2.     Law No. 40 of 2007 about Perseroan Terbatas

3.     Law about SBSN

4.     Government law No. 45 of 1995 about Implementation of Activities in the Capital Market Sector, Government Law No. 12 of 2004 about Organizing Activities in the Capital Market

5.     Government Law No. 46 of 1995 about Examination in the Capital Market Sector

6.    Bapepam and LK

7.    Bursa Efek (Listing, Trading, Membership and Controlling)

8.     Fatwa DSN MUI about capital market

9.   PSAK about syariah

Planned learning activities and teaching methods

Lectures and Q&A Discussion

Language of instructions

Bahasa, English

Assessment methods and criteria

Presentation Assignments, Papers, Resume, Journal Review